GREATER WORCESTER COMMUNITY FOUNDATION INC

EIN 042572276 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$24.67M
at fiscal year end
Grants out
$1.46M
from DAF accounts
Contributions in
$1.79M
received into DAFs
Payout rate
5.9%
median is 12.5%
Accounts
101
funds held at year end
Average account
$244K
assets per fund

At 5.9%, this sponsor paid out below the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$30.4M
FY2019
$18.7M
FY2020
$25.6M
FY2021
$24.3M
FY2022
$24.7M
FY2023

Grants paid by year

$1.1M
FY2019
$1.8M
FY2020
$2.2M
FY2021
$1.3M
FY2022
$1.5M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 963 grant lines totalling $44.9M across 2019–2024 — $47K per line.

$109K of this sponsor’s grants went to other DAF sponsors — 0% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Worcester Community Action CouncilEIN 042382160 MA$3.1M
African Community Education ProgramEIN 141970474 MA$2.8M
United Way Of Central MassachusettsEIN 042104017 MA$2.3M
Worcester Historical MuseumEIN 042105858 MA$2.0M
Worcester Art MuseumEIN 041988530 MA$1.2M
Edward Street Child Services IncEIN 042133874 MA$834K
Quinsigamond Community College FoundationEIN 042897624 MA$811K
Boys & Girls Club Of WorcesterEIN 042105851 MA$782K
Bridge Of Central Massachusetts IncEIN 042701581 MA$700K
Pernet Family Health ServiceEIN 042453851 MA$670K
The Umass Memorial Foundation IncEIN 043108190 MA$612K
City Of WorcesterEIN 046001418 MA$605K
Ywcacentral MaEIN 042105873 MA$599K
Abby'S HouseEIN 042648411 MA$583K
Friendly HouseEIN 042104239 MA$568K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.